Latest News

Back to Latest News back


Saudi Arabia to build $13 billion ‘tourist city’ on Gulf coast

February 25, 2010
Saudi Arabia is to spend upwards of $13 billion on a new 'tourist city' on its Arabian Gulf coast.
Arab News reported that Prince Sultan bin Salman, Chairman of the Saudi Commission for Tourism and Antiquities (SCTA), the first phase of the project will cost $27 million,.
To be built in Al-Oqair, just south of the city of Al-Khobar the project will create 80,000 jobs. The development is just one of a series of tourism megaprojects that Saudi Arabia is developing throughout the Kingdom.
On the Red Sea coast, the Government has earmarked sites for development in Tabuk, Yanbu, Makah, Asir and Jizan provinces.
SCTA officials said that the planned resorts would being a total of 557,000 hotel rooms online, creating 413,000 jobs in the process.
The Saudi Government expects that the Red Sea projects will attract $40 billion in investment, with annual tourist spending estimated at $2.6 billion.
Saudi Arabiaâs tourism revenues could reach $64 billion by 2019, according to SCTA officials.
The Kingdomâs tourism market is currently generating around $14 billion in annual revenues.

Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all


revolutioniseSPORT is the emerging market leader in online club management in Australia. Whether it is memberships, registrations, events, online sales or governance tools - revolutioniseSPORT is the…

read more

Recreation / Sport / Technology



NovoFit is an exciting and dynamic new company born from two of Australia’s leading commercial fitness equipment suppliers. NovoFit combines over 45 years of industry expertise, delivering state…

read more

Fitness / Recreation / Sport / Technology / Wellness


Enta Australasia

As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd.  Click here to view the VIVATICKET Pty Ltd listing.  19th July 2018 - ENTA…

read more

Technology / Ticketing / Venues



Talk To Us For Independent Advice & Specialised Services We're business people, not sales reps IP HUB is one of Australia’s leading advisors on telecoms for both small businesses and…

read more

Marketing / Technology


Worldwide Sports Management

Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…

read more

Aquatics / Consultants / Recreation / Sport / Venues


SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues


Tim Batt Water Solutions

Tim Batt Water Solutions are at the very forefront of the commercial aquatic business in Australia, with over 30 years specific experience supplying and installing chemical control and dosing…

read more

Aquatics / Environment / Recreation / Technology / Venues


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business